Meet our Top Realtors in November 2012 – Congratulations to Dottie, Ted and Mirtha!

December 7, 2012

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November makes another strong month for our Jacksonville Realtors for residential home sales and closings! Our team closed out the month with almost $7.8 million in sales and approximately $5.2 million in closings. Special recognition goes to our top three Realtors in November: Congratulations to Dottie, Ted and Mirtha!

The Top Lister in November is Dottie Lay with $545,000 in listings sold and $755,000 in total sales! Dottie sold three listings during the month and one buyer sale. Dottie is an experienced top performer.  In fact, she was the Top Lister for June and the Top Lister and Top Producer for the second quarter of 2012. Dottie was born and raised in Jacksonville Beach and has been in real estate since the mid 1980s, so she has the experience to help you with any of your Northeast Florida real estate needs! Read more

Congratulations to Jennifer, Ted and Suzy for Reaching the Top in October!

November 6, 2012

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Our Jacksonville Realtors are determined to finish strong in 2011! The Davidson team closed October out with $7.9 million in sales and $5.2 million in closings. Twenty-four different agents had transactions to make for a very successful month, but there are three that stood out from the crowd and reign as the top Realtors for October!

Jennifer Todd is no stranger to the tops list in 2011 and we are thrilled to name her as our Top Lister for October with over $900,000 in listings sold!  Jennifer sold four of her own listings – two in World Golf Village’s King & Bear community, one in Ponte Vedra Beach and one in Jacksonville. Jennifer is our queen of new home construction and works very closely with our builder friends, so be sure to contact her if you are looking to build! Read more

More Great News for Northeast Florida Real Estate in August’s Market Trends!

September 25, 2012

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Your present circumstances don’t determine where you can go; they merely determine where you start.” – Nido Qubein

I am very happy with my starting point in the housing market right now. All of the trends in the Northeast Florida Association of Realtors Market Stats for August continue to be very positive.

The most encouraging trend is Pending Sales. There were 2,011 contracts written (pending sales) in August which is a 34% increase over the 1,497 contracts in August 2011. Year to date through August we have 13,724 pending sales which is 16% more than the 11,879 pending sales last year at this time.  We continue to see strong buyer activity and multiple offers on many listings. Read more

Northeast Florida Real Estate Trends for November Show All Around Continued Improvement

December 22, 2011

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popb2anack1azzo“Something I learned early in college is to not worry about what I can’t control…But what I can control is my attitude, my effort, my focus every single day and that’s what I’m trying to worry about.”  Tim Tebow

We certainly can’t control the real estate market but we can control how we respond to the changes in trends. Fortunately, the Northeast Florida Association of Realtors market stats for November show continued improvement in almost all measured areas. The inventory continues to decrease. The number of properties available in the Multiple Listing Service in active status at the end of the month dropped 31% from November 2010 to November 2011. There were 15,498 properties available last year and 10,722 available this year. The number of available properties has dropped every month this year.

The months supply of inventory at 7.4 months is 35 percent less than November 2010 when we had 11.4 months of inventory. The price range with the largest percentage decrease is the $500,000-$999,999 with a 45% decrease. The months supply for this price range went from 28 months to 15 months. Read more

Northeast Florida Real Estate Trends Remain Positive in August!

September 26, 2011

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13155-Blue-Man-Reaching-For-The-Stars-Clipart-IllustrationThe greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it. – Michelangelo

I chose this quote because it seems as if our recent economic challenge has put many people in survival mode. Survival mode can distract us from our long term goals.  We must not think this way but keep reaching for the stars.

I will share an overview of the market stats provided by the Northeast Florida Association of Realtors starting with Pending Sales. August 2011 pending sales of 1,744 is 24% higher than August 2010 sales of 1,402. There have been some confusing monthly comparisons because of the tax credits last year, but the year to date pending sales for 2011 are 7% higher than year to date pending sales for 2010.

The closings for August 2011 are up 1.5% over the closings in August 2010 and the year to date closings for 2011 are almost the same as 2010. I would like to go a little deeper into closings and share that there were 691 traditional closings in August 2010 and 835 in August 2011 for an increase of 21%. The lender–mediated closings dropped from 729 in August 2010 to 626 in August 2011 for a 14% decrease. This is a very good sign when we have more traditional closings and less distressed closings.

The lender-mediated closings dropped from 44.3% of July 2011 closings to 42.8% of August 2011 closings. We continue to move in the right direction. Read more

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